Steel and aluminium markets moved in different directions during the third quarter of 2026, with carbon steel prices reaching multi-year highs while aluminium prices softened as expectations for future supply began to normalise. Recent financial results from metals companies, including Constellium SE and Ryerson Holding Corporation, reflect the changing pricing environment and its impact on business performance and market outlooks. Carbon steel prices continued to rally during the quarter, supported by trade policy, tight domestic supply, extended lead times and service centre inventories at multi-year lows, according to metals distributor Ryerson. Demand during the period was also stronger than anticipated. Aluminium prices, however, remained volatile and moved lower as expectations...
Canyon Resources, the Australian mining company developing Cameroon’s Minim Martap bauxite project , has recommended the re-election of Director Gaurav Gupta, who also serves on the board of its largest shareholder, A2MP Investments FZCO. The recommendation comes as the company prepares for its annual general meeting on November 30, 2026, where shareholders will also consider a separate board nomination that has not received directors’ support. The developments follow recent proceedings before Australia’s Takeovers Panel concerning A2MP’s unsuccessful attempt to acquire the remaining Canyon shares and a proposed AUD 170 million (USD 115.7 million) financing package. In an October 28 decision, the Takeovers Panel examined the relationship between Canyon and A2MP following the latter’s...
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The Alcoa 'Care-Free' aluminium home is a 1950s time capsule. The house is one of five well-preserved midcentury modern homes that will be open for touring on Oct. 13. This Alcoa "Care-Free" House was built by the aluminium major in St. Louis Park in 1958. Alcoa commissioned an architect to design a demo-house that would showcase aluminium as a perfect material for buildings. Only 24 such homes were built nationally, and only a handful of them are still maintained. Aluminium was comparatively a new material for such applications and Alcoa wanted to promote its versatility. Alcoa hired architect Charles M. Goodman to design the aluminium home. The company had ambitious plans to build up to 50 such homes all around the country. Alcoa designed the houses with aluminium components to ensure...
LME aluminium started the week and the month of October with a gain. Benchmark aluminium price on London Metal Exchange gained significantly to close at US$ 2047.50 per tonne on Monday October 1. LME aluminium prices climbed more than 4 per cent and to their highest in nearly five weeks on Wednesday October 4 after the news broke that Norsk Hydro would halt production at its Alunorte alumina refinery in Brazil as the bauxite residue deposit area 1 (DRS1) is almost in its full capacity, due to the ban on using the press filter and the newly developed bauxite residue deposit area (DRS2). This generated fear of alumina supply disruption in a market that was already tight. The aluminium cash contract closed at US$ 2243.50 per tonne on October 4, the highest in the week. After reaching the...
A press release from Norsk Hydro confirms that the federal environmental agency IBAMA authorised alumina refinery Alunorte on October, 5th, to utilize its state-of-the art press filter technology in the processing of bauxite residues. This will extend the life of its DRS1 bauxite residue disposal area and allow Alunorte to continue operations on safe conditions. After getting green signal from IBAMA’s, Alunorte will now have to obtain authorization from SEMAS, Secretary of State for Environment and Sustainability to use the press filter on DRS1. This filter can covert the red mud slurry into stackable residues with considerably less water content than the drum filter. Once Alunorte receives this authorization, it can re-start refinery operations at 50% of capacity. “We are ready to...
An alternative route has been established from Azerbaijan to Tajikistan for the supply of alumina and other raw materials. This has been done specifically to meet the needs of the Tajik Aluminium Company (TALCO), the Tajik embassy in Azerbaijan reported to Trend on Friday, October 5. The new route opened is through Russia, Kazakhstan, and Uzbekistan for reaching Tajikistan from Azerbaijan and thus bypasses Turkmenistan. The reason behind establishing this alternative route is the temporarily closed transit through Turkmenistan. Trucks with Azerbaijani raw materials have been standing idle on the Iranian-Turkmen border for past 50 days, reported a source at TALKO, adding that the parties are looking for alternative ways to supply raw materials from Baku through the ports of Aktau and Kuryk...
Amsterdam-based global producer of aluminium semi-finished products Constellium N.V. has proudly announced its new Alplan TM Beyond Precision product line, to support increased demand for high-performance aluminium plates. The Alplan TM product line consists of specialty rolled plates with up to 15 times better flatness compared to industry standards, up to 40 per cent less material needs and up to 90 per cent reduction in part rework compared to a mill finish plate. The key benefits of Alplan TM product line include: It assures to provide excellent mechanical properties with outstanding shape stability and tight dimensional tolerances that support weight reduction, scrap, and cost savings. It would enable Constellium’s customers to accelerate their production, by saving manufacturing...
Century Aluminum announced in a company statement that it has secured a supply deal for alumina from a refinery in Louisiana. The fear of shortage of this most valuable input material for aluminium following the shutdown of Alunorte alumina refinery in Brazil compelled the company to get into this deal. The news of Alunorte shutdown also caused Century shares tumble 12% yesterday. The Gramercy alumina refinery in Louisiana is one of the last alumina refineries in the U.S., owned by Noranda Alumina. The metal will be delivered during 2019-24 through London-based trader Concord Resources that has recently acquired an equity position in New Day Aluminium Holdings, the parent company of Noranda Bauxite and Alumina. “The transaction demonstrates our confidence in the future of the US aluminium...
With the faster growth in aluminium production, the world seems to see a continuous hike in demand for alumina, particularly in China and the Middle East. This in the future is expected to open up new trading opportunities for the alumina producing countries such as Australia, which is already the world’s largest producer of bauxite and alumina and also ranks as the world’s largest alumina exporter. So to say, Australia aluminium market is an export-oriented one and mostly limited to upstream sector. According to Australian Aluminium Council, Australia exported a total amount of 17188 thousand tonnes of alumina in 2017. In 2016, this volume had stood a little down at 17183 thousand tonnes, as per the data revealed by the Council. Consequently, Australia’s revenue from alumina export also...
Tomago Aluminium says the electricity grid is at “crisis point” after power shortages this week led to it shutting off its potlines for an hour at a time to keep the state’s lights on. Its power supplier, AGL, says Tomago voluntarily reduced its electricity load as part of its commercial supply contract but the smelter, which uses 12 per cent of the state’s power, says it had no choice in the circumstances. The power shortage arose after shutdowns of various units at the Bayswater, Liddell and Vales Point power stations, as well as restrictions on the transfer of electricity from Victoria, because of demand from South Australia. Tomago lost a third of its power on Tuesday night and Thursday night and the Australian Energy Market Operator – which oversees the National Electricity Market –...
According to a press update from Metro Mining, in mid-September, Bauxite Hills shipped its one millionth tonne of ore since the commencement of operations in April 2018 representing an excellent operational achievement.By the end of September total shipments stood at 1.22 million wet metric tonnes. Total September quarter shipments totalled 822,000 tonnes, more than double the amount shipped in the June quarter (399,000t). Record bauxite shipments of 297,000 tonnes in August raised the full year shipment guidance to 2.4WMT. Bauxite was shipped to five different Chinese customers including Metro’s foundation customer, Xinfa Aluminium. The quality of bauxite as confirmed by their clients is similar to the bauxite mined from the Weipa region. Metro remains on track to meet its 2018 (calendar...
Turkey Industry Minister Mustafa Varank announced on Thursday, October 4, that Turkish automaker Oyak Renault would invest more than 100 million euro (US$115 million) for setting up an aluminium injection plant in north-western Turkey for new generation hybrid cars. The plant will be constructed in Bursa starting from October 19, and the majority of products produced in it will be exported, said the minister, adding that the investment would contribute US$2.3 billion to narrowing Turkey’s current account deficit. In the mid-July, the news came that French automotive giant Renault was preparing Turkey to turn it into a hybrid vehicle base. According to the news, the hybrid engine produced in Turkey would be used in the fifth generation of Clio produced in Bursa. Oyak Renault received a TL...
( Continued from Part-1 ) India India holds the second position in the list of top 5 primary aluminium producers in the world. According to the annual reports of the three major aluminium producers in India, the total aluminium production stood at 3.39 million tonnes in 2017. Aluminium production in the country is currently outpacing the demand leading to an increase in exports. India's aluminium production is forecast to be stable at 3.42 million tonnes in the current FY. India's aluminium export Domestic consumption of primary metal also showed an increase, from about 1.58 million tonnes in 2014-15 to 2 million tonnes at present. As forecasted by a 2016 report by Crisil, a research service, apparent aluminium consumption in India would grow from about 3.3 million tonne currently to 5.3...
News of full curtailment of production at Norsk Hydro’s Alunorte alumina refinery in Brazil spurred a 4.5% spike in the three-month aluminium price, pushing it to an intraday high of US$2,267 per tonne, its highest level since June. Aluminium prices rally in LME started consolidating at the close of trading on Thursday October 4 and the three-month aluminium price closed 1.6% lower driven by a strong US dollar index. The aluminium cash contract closed at US$ 2243.50 per tonne yesterday, up from US$2166.50 per tonne on October 3. As on October 4, LME aluminium cash (bid) price stands at US$ 2243 per tonne, LME official settlement price stands at US$ 2243.50 per tonne; 3-months bid price stands at US$ 2250 per tonne, 3-months offer price is US$ 2251 per tonne; Dec 19 bid price stands at US$...
Alumina producers, including South 32 and Alumina Limited, on Thursday, October 4, reportedly experienced a sharp rise in shares post Norsk Hydro’s announcement of production shut at the world’s biggest alumina refinery Alunorte. Shares in Alumina Ltd rose as much as 11 percent on Thursday, October 4, while South 32 gained as much as 7.3 percent to hit a record high of $A4.25. Australian bauxite miner Metro Mining rallied 5 percent. Aluminium producer Chalco in China is expected to be the main beneficiary of the Alunorte shutdown, said Citi in a note, as it maintained a “Buy” recommendation on the state-owned firm. Shares of Nalco in India also reported a jump by 11 per cent on Wednesday, October 3, while Vedanta’s shares gained 3.2 per cent. In the US trading on the same day, Alcoa...
The UK’s leading manufacturer of aluminium doors and windows Origin has selected the Nemesis multi-point window locking system from Kenrick for its brand new aluminium window – the Origin Slimline Window. Origin has doubled its order for Nemesis to meet the rising demand for new high-grade aluminium window. The Origin Slimline Window has been designed with an ultra-slim frame (65mm) to maximise the amount of light and achieve ultimate views. To maintain the window’s signature slim sightlines, it was essential that it incorporated a locking system with the shortest possible backset and the smallest mushroom cams that would fit snugly inside the sash, according to Kenrick press release. CEO of Origin Neil Ginger said: “We launched our new Slimline Window in response to a significant demand...
Aluminium demand by the automotive industry is projected to more than double by 2025, driven by increasing growth in Asia, a senior executive at Novelis Inc, the world’s largest manufacturer of rolled aluminum products, said on Thursday, 04 October 2018. “Typically what we see is an increase of aluminium percentage of the (automotive) body, which is why we’re projecting to grow from 1.5 million tonnes of aluminium demand this year to 3.5 million tonnes a year in 2025,” Pierre Labat told Reuters. “We will continue to add new products in the years to come which make the value proposition of aluminum very compelling for strength and light weight,” said Pierre Labat, Vice President of Global Automotive at Novelis. according to Reuters report, of the estimated 1.5 million tonnes of global...
The production base for the primary aluminium sector has long started shifting towards east for the availability of raw materials, power and labour. The production base lies in the east while the market lies in the west. However, most of the Asian countries are now shifting their focus towards developing the manufacturing sector encouraging value added applications of the metals they produce. This has been further reinforced by the protective trade policies in the west that are levying steep tariffs on products imported from east especially China. The Asia Pacific region roughly produced 42 million tonnes of primary aluminium in 2017 ( IAI statistics). China produced about 36 million tonnes of it and India contributed about 3.2 million tonnes and Australia and New Zealand produced about...
South Africa's aluminium exports logged a growth over the last three years. South Africa’s exports of aluminium in 2017 grew 14 per cent from the previous year. South32’s Hillside aluminium smelter in Richards Bay, in the province of KwaZulu-Natal, has been single-handedly producing the primary metal for domestic market as well as shipping ingots to the international customers. Hillside Aluminium smelter uses alumina imported from South32’s Worsley Alumina operation in Australia. According to recent estimates, in 2016, South Africa exported 511697 tonnes of aluminium in 2016, which increased to reach 583145 tonnes in 2017, an increase of 71448 tonnes from the previous year. In 2018, the country is estimated to export around 622244 tonnes of aluminium to the global market, up 7 per cent...
Ekopack Bulgaria invested BGN 1.45 million in the construction of a new technology center for sorting of automatic sorting of aluminium and other wastes on an area of 35 decares. The facility was launched by the Minister of Environment and Water along with the mayor and the CEO of Ekopack Bulgaria Todor Burgudjiev and the chairman of the board of directors and Coca-Cola CEO Jürg Burghalter. The official opening was attended by many producers, partners and supporters of Ekopack Bulgaria’s green mission. "The capacity of the new installation is 5 times bigger than we already have. It can sort up to 21,000 tons of packaging waste per year, "Mr. Burgudjiev said. He added that most of the processes are automated and the design allows visitors to monitor the installation's work on top. The...
